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    Advanced Accounting Concepts and Practice
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    Exam 14: Using Derivatives to Manage Foreign Currency Exposures
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    To "Write" an Option, an Entity Must Be an FX
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To "Write" an Option, an Entity Must Be an FX

Question 69

Question 69

True/False

To "write" an option, an entity must be an FX trader. Thus, a domestic importer or exporter could not write an option-such an entity can be only an option holder.

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